Latest Resources News

Venus Metals Corporation has issued a firm recommendation to reject QGold Pty Ltd’s unsolicited $0.17 per share takeover offer, arguing it undervalues key assets and offers no premium. The board highlights significant upside potential in its portfolio and warns shareholders against accepting an opportunistic bid.

Desert Metals has raised $1.25 million to advance drilling and sampling at its promising gold projects in Côte d’Ivoire, aiming to unlock new resource potential in 2026.

Terra Metals reports promising assay results from the Southwest SW1 Prospect, revealing multiple near-surface Bushveld-style reef layers and a newly identified magmatic sulfide zone, expanding the polymetallic footprint of the Dante Project.

FIN Resources Limited reveals significant unassayed mineralised intervals at its Cabin Lake Gold Project, setting the stage for a promising 2026 drilling campaign. The discovery of a continuous 15.75m unsampled core between known high-grade zones offers a low-cost opportunity to expand the resource.

Chalice Mining’s Pre-Feasibility Study confirms the Gonneville Project as a globally significant palladium-nickel-copper mine in Western Australia, boasting robust returns and a rapid payback period.

Critical Resources Limited has partnered with Canada's Pathway Group to accelerate permitting, funding, and stakeholder engagement for its Mavis Lake Lithium Project, aiming to cement its role in North America's lithium supply chain.

Chalice Mining’s Pre-Feasibility Study confirms the Gonneville Project as a long-life, low-cost critical minerals mine in Western Australia, projecting A$4.7 billion pre-tax free cashflow over 23 years with rapid payback.

Cygnus Metals has intersected a substantial new mineralised zone at its Chibougamau Copper-Gold Project, signalling promising resource expansion potential. Follow-up drilling is imminent to delineate this discovery further.

Lincoln Minerals has partnered with Revera Energy to explore a green hydrogen-fueled iron pellet plant at the Eyre Magnetite Project, aiming to advance sustainable steel production in South Australia.

Mandrake Resources has inked a binding agreement with DISA Technologies to recover uranium and critical minerals from abandoned mine waste across its expansive Utah Project, tapping into a growing US government-backed market.

Australian Oil Company Limited has secured full control over key Sacramento Basin assets by acquiring Xstate USA Corporation, enhancing its exploration potential amid favorable regulatory shifts in California.

Xstate Resources has exited its Californian gas interests, transferring production and liabilities to Australian Oil and Gas Co, as it pivots to concentrate on its promising Diona project in Queensland.